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RARE INVESTMENT PROPERTY in a great location! This 21-unit Los Alamitos apartment complex offers (4) two-bedroom/two-bathroom, (8) one-bedroom/one-bathroom, and (9) two-bedroom/one-bathroom units below market value. The property is being sold fully leased, with a substantial 55% rental upside, in an area of Orange County with strong rental demand. The property features desirable amenities including a gated community pool, shared laundry room, and 31 garage spaces. Many recent improvements, including ALL interior & exterior electrical panels upgraded to meet the newest Insurance requirements. Convenient to the coastal amenities of Orange County; Los Angeles County; the Port of Long Beach; LAX, John Wayne & Long Beach Airports
Last Updated | 3/15/2025 | Tract | Los Alamitos |
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Year Built | 1963 | Community | Los Alamitos |
Garage Spaces | 31.0 | County | Orange |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Los Alamitos |
GARAGE | See Remarks, Yes |
HOA DUES | 0 |
LOT | 0.67 acre(s) |
LOT DESCRIPTION | 0-1 Unit/Acre |
PARKING | See Remarks |
POOL | Yes |
POOL DESCRIPTION | Community,See Remarks |
SEWER | Public Sewer |
STORIES | 2 |
SUBDIVISION | Los Alamitos |
VIEW DESCRIPTION | None |
WATER | Public |
Location
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